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Welcome to this charming 2-bedroom, 1-bath residence located in the established Fair Lane Acres community. This well-maintained home offers a comfortable and practical living environment with thoughtful features that enhance everyday enjoyment. The property is situated within an age-restricted community, offering a setting designed to support a relaxed and maintenance-conscious lifestyle, while remaining welcoming and respectful to all.
The interior of the home is partially furnished, providing a convenient starting point for new occupants while still allowing ample opportunity to personalize the space. Please note that the gray recliner and the two televisions currently in the home do not convey. The layout is functional and inviting, with well-proportioned living spaces that allow for both quiet relaxation and easy entertaining.
Important updates have already been completed, adding peace of mind for the next owner. The exterior drain has been upgraded from iron to durable PVC, improving long-term reliability. The home features a roof-over that has been newly sealed, helping protect the structure from the elements and contributing to long-term durability.
One of the highlights of this property is the spacious screened lanai, a versatile area perfect for enjoying fresh air, reading, or spending time with guests while being sheltered from the elements. This space extends the usable living area and provides a comfortable connection between indoor and outdoor living.
Laundry facilities are conveniently located in the shed, keeping household tasks organized while maximizing interior space. The shed also offers additional storage potential for tools, seasonal items, or hobbies.
For added peace of mind, the home is equipped with an ADT security system, offering an extra layer of safety and reassurance. This feature may appeal to those who value security and convenience in their home environment.
Overall, this Fair Lane Acres home presents a wonderful opportunity for comfortable, low-maintenance living with key updates already in place. With its practical layout, screened lanai, and thoughtful improvements, this property is well-suited for those seeking a welcoming and functional place to call home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$80,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $64,000 | $64,000 | $64,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $64 | $64 | $64 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $394 | $405 | $531 |
| Total Monthly Payment | $533 | $544 | $670 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.